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HomeMy WebLinkAbout11-18-05 REV.1500 EX + (6-00) ~ ~ COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT OFFICIAL USE ONLY FILE NUMBER II 05 COUNTY CODE YEAR SOCIAL SECURITY NUMBER 0648 NUMBER I- Z W Q W () W Q DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Decker, Joby T. DATE OF DEATH (MM-DD-YEAR) THIS RETURN MUST BE FILED IN DUPUCATE WITH THE 211-18-4660 DATE OF BIRTH (MM-DD-YEAR) 09-16-1926 07-11-2005 REGISTER OF WILLS SOCIAL SECURITY NUMBER (IF APPLICABLE) SURVIVING SPOUSE'S NAME (lAST, FIRST AND MIDDLE INITIAL) o 1. Original Return 0 2. Supplemental Return 0 3. Remainder Retum (date of death prior to 12-13-82) w .... o 4. Limited Estate 0 4a. Future Interest Compromise (date of death after 0 :.:~Ul 5. Federal Estate Tax Return Required oa::.: 12-12-82) wo.o :r:oo [!] 6. Decedent Died Testate (Attach 0 7. Decedent Maintained a Living Trust (Attach 1 8. Total Number of Safe Deposit Boxes oa:...J o.1II copy of Will) copy of Trust) 0. <l: 09 Litigation Proceeds Received 0 10 Sf-ousal povert~ Credit (date of death between 0 11. Election to tax under Sec. 9113(A) (Attach Sch 0) . 1 -31-91 and 1-1- 5) !z w C z o 0. Ul W a: a: o o NAME Jennifer B. Hipp FIRM NAME (If applicable) Bogar and Hipp Law Offices TELEPHONE NUMBER 717-737-8761 COMPLETE MAILING ADDRESS 1 West Main Street Shiremanstown, PA 17011 1. Real Estate (Schedule A) OFFICIAL USE ONLY (1 ) None None None None 12,307.28 1,470.68 None (8) 9,169.50 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 4. Mortgages & Notes Receivable (Schedule D) (4) z o i= < ..J :::::l l- ii: < () w a: 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 0 Separate Billing Requested 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) (5) (6) (7) 13,777.96 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9 & 10) (11 ) 9,169.50 4,608.46 0.00 12. Net Value of Estate (Line 8 minus Line 11) (12) 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (13) (14) 4,608.46 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15.Amount of Line 14 taxable at the spousal tax rate, 0.00 x .00 (15) z or transfers under Sec. 9116(a)(1.2) 0 (16) i= 16.Amount of Line 14 taxable at lineal rate 4,608.46 x .045 < I- :::::l Q. 17. Amount of Line 14 taxable at sibling rate 0.00 x .12 (17) :i: 0 () 18. Amount of Line 14 taxable at collateral rate 0.00 x .15 (18) x < I- 19. Tax Due (19) 0.00 207.38 0.00 0.00 207.38 20.0 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. >> BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH << Copyright 2002 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00: Decedent's Complete Address: STREET ADDRESS 4111 Rosemont Ave., Lower Allen Township, Camp Hill CITY Camp Hill I STATE PA jZIP 17011 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1 ) 207.38 197.01 10.37 Total Credits (A + B + C) (2) 207.38 3. Interest/Penalty if applicable D. Interest E. Penalty Total Interest/Penalty (D + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (3) (4) (5) 0.00 (SA) (5B) 0.00 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS Yes No o ~ 80 ~ ~ o ~ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ......... 0 ~ 4. Did decedent own an Individual Retirement Account, annuity, or other non.probate property which contains a beneficiary designation? ......................................................... ............................................ ....... ....... 0 [!] IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements. and to the best of my knowledge and belief, it is true, correct and complete. Declaration of pre parer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPO LE FOR F NG RETURN ADDRESS S. Sc tt 0 cker 1. Did decedent make a transfer and: a. retain the use or income of the property transferred;................................................................................ b. retain the right to designate who shall use the property transferred or its income;................................... c. retain a reversionary interest; or............................................................................................................... d. receive the promise for life of either payments, benefits or care? ............................................................. 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .....................,...................................................................... ....,................... DATE 137 Limestone Drive Camp Hill, PA 17011 /I-I" -(J S- ADDRESS DATE ADDRESS ( -I VJ -0<) DATE 1 West Main Street Shiremanstown, PA 17011 For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate impo""rl nn the net ,d"n n"'~ --,-.-.- - surviving spouse is 3% [72 P.S, 99116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of ~ I A P 1) [72 P.S. 99116 (a) (1.1) (ii)]. The statute does not exemot a transfer to a surviving spOUt /\J of assets and filing a tax return are still applicable even if the surviving spouse is the onl~ For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one yec 1 {\.. natural parent, an adoptive parent, or a stepparent of the child is 0% [72 P .S. 99116 (a) I "'; . _ 'k"\A') \ The tax rate imposed on the net value of transfers to or for the use of the decedent's line 99116 1.2) [72 P.S. 99116 (a) (1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's sibl" II!" '" 1"70 L''':: ,...~. !l\!ll t:i (a) (1.3)]. A sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. the use of the spouse is 0% s for disclosure use of a n 72 P.S, Rev-1508 EX+ (6-98) *' SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYlvANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Decker, Joby T. FILE NUMBER 21-05-0648 Include the proceeds of litigation and the date the proceeds were received by the estate. All property lolnlly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION 1 M & T Bank Money Market Account - MTB Money Market Account - 3,397 shares- d.o.d. value per share - $1.00; MTB Multi Cap Growth C1 A - 172.547 shares - d.o.d. value per share $15.23; MTB Large Cap Stock C1 A - 424.979 shares - d.o.d. value per share $8.90 VALUE AT DATE OF DEATH 9.807.28 2 Contents of home and personal property - sold at private sale 2.500.00 TOTAL (Also enter on Line 5, Recapitulation) 12.307.28 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-15DO Schedule E (Rev. 6-98) f! M&rBank 1200 Market Street, Lemoyne, PA 17043 717731 1730 FAX717 7616497 Tuesday, September 20, 2005 James Bogar 1 W. Main Street Shiremanstown PA, 17011 Dear James, This the balance for account # BGT-685860, in the name of Joby Decker, for the date of July 11 th, 2005: Description of Security Quantity Date of Death Valuation Price per share on valuation date MTB Money Market 3,397.07 $3,397.07 $1.00 MTB Multi Cap Growth 172.547 $2,627.89 $15.23 CIA MTB Large Cap Stock 424.979 $3,782.32 $8.90 CIA If you require any other information, please do not hesitate to contact me. Sincerely, diLl Karl Uhrich Select Banker 1200 Market St. Lemoyne Pa, 17043 Rev-1509 EX+ (6-98) SCHEDULE F JOINTLY-OWNED PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Decker, Joby T. FILE NUMBER 21-05-0648 It an asset was made joint within one year of the decedent's date of death, It must be reported on schedule G. SURVIVING JOINT TENANT(S) NAME A. S. Scott Decker ADDRESS RELATIONSHIP TO DECEDENT 137 Limestone Drive Camp Hill, PA 17011 Son B. C. JOINTLY OWNED PROPERTY: DESCRIPTION OF PROPERTY %OF DATE OF DEATH LETTER DATE ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT DATE OF DEATH DECO'S VALUE OF NUMBER TENANT JOINT NUMBER OR SIMILAR IDENTIFYING NUMBER. ATTACH DEED FOR VALUE OF ASSEl INTEREST DECEDENT'S INTEREST JOINTLY-HELD REAL ESTATE. 1 6/28/1972 M & T Bank, Personal Checking Account 1.560.84 50.000% 780.42 - Account No. 27809129; date of death balance - $1,560.84; accrued interest $0.00 2 A 2/28/1988 M & T Bank, Personal Savings Account- 1.380.52 50.000% 690.26 Account No. 015004206021616; date of death balance - $1,380.39; accrued interest $0.13 TOTAL (Also enter on Line 6, Recapitulation) 1.470.68 (If more space is needed. additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule F (Rev. 6-98) m1 M&fBank 499 Mitchell Road, Millsboro, DE 19966 Mail Code DE-MB-12 Phone (888) 502-4349 Fax (302) 934-2955 August 3, 2005 James D Bogar Attorney At Law One West Main Street Shiremanstown, Pennsylvania 17011 Re: Estate of Jobv T Decker Social Security: 211-18-4660 Date of Death: Julv 11, 2005 Dear Sir or Madam: Per your inquiry dated July 20,2005, please be advised that at the time of death, the above-named decedent had on deposit with this bank the following: 1. Type of Account Checking Account Account Number 27809129 Ownership (Names oj) Joby T Decker, Steven Scott Decker * Opening Date 06/28/72 Balance on Date of Death $1,560.84 Accrued Interest $ 0.00 Total ._--------~-----------------------~----------------------------------- $1,560.84 2. Type of Account Savings Account Account Number 015004206021616 Ownership (Names oj) Joby T Decker, Steven Scott Decker * Opening Date 02/28/88 Closed 07/18105 Balance on Date of Death $1,380.39 $ 0.13 Accrued Interest Total ._----~----------~-----.....-------------------------------------.-------------------------. $1,380.52 3. Type of Account Safe Deposit Box Box Number/Location 0002049/ West Shore Plaza Ownership (Names oj) Joby T Decker * Opening Date 06/036/03 ** If you have any further questions concerning this account, regarding ownership, closures and/or reimbursement of funds, etc., please contact our West Shore Plaza Office at 1200 Market Street, Lemoyne, P A 17043, or phone the branch at # 717-255-2271. Sincerely, ~a;r?Y Nancy Clagett Records Management REV-1151 EX+ (12-99) . SCHEDULE H FUNERAL EXPENSES & ADMINISTRA TIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Decker, Joby T. Debts of decedent must be reported on Schedule I. FILE NUMBER 21-05-0648 ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s) attached 7,861.00 B. ADMINISTRATIVE COSTS: 1- Personal Representative's Commissions Social Security Number(s) I EIN Number of Personal Representative(s): Street Address City State Zip - Year(s) Commission paid 2. Attorney's Fees Bogar and Hipp Law Offices 877.50 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 115.00 5. Accountant's Fees 6. Tax Retum Preparer's Fees 7. Other Administrative Costs 316.00 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 9,169.50 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) Aev-1S02 EX+ (6-98) SCHEDULE H-A FUNERAL EXPENSES continued COMMONWEALTH OF PENNSVLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Decker, Joby T. IFILE NUMBER 21-05-0648 ESTATE OF ITEM NUMBER DESCRIPTION AMOUNT 1 Neill Funeral Home 7.661.00 2 Royers - flowers for funeral 200.00 Subtotal 7.861.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-A (Rev. 6-98) Rev-1502 EX+ (6-98) *' SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Decker, Joby T. FILE NUMBER 21-05-0648 ITEM NUMBER DESCRIPTION AMOUNT 1 Pennsylvania Vital Records - death certificate 16.00 2 RESERVES: - Cost to conclude administration of Estate including filing fee for PA Inheritance Tax Return, Inventory and First and Final Account; preparation of Personal and Fiduciary Income Tax Returns 300.00 Subtotal 316.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B7 (Rev. 6-98) REV-1513 EX+ (9-00) *' SCHEDULE .J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF NUMBER Decker, Joby T. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal iJistributions, and transfers under Sec. 9116(a)(1.2)] FILE NUMBER 21-05-0648 RELATIONSHIP TO DECEDENT Do Not List Trustee(s) SHARE OF ESTATE AMOUNT OF ESTATE (Words) ($$$) I. S. Scott Decker 137 Limestone Drive Camp Hill, PA 17011 Son 100% of rest, residue and remainder Total Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet II NON-TAXABLE DISTRIBUTIONS: . A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 6-98) , ... ."- ) ) ,-;I ---.. ~ ,,) .v! /;4, j~ ;,- ') . ;"... "..... ( :~ -.J ~ C ~ LAST WILL AND TESTAMENT OF JOBY T. DECKER I, JOEY T. DECKER, of Camp Hill, Cumberland County, pennsylvania, make, publish and declare this as and for my Last Will and Testament, hereby revoking all other Wills and Codicils heretofore made by me. FIRST: I devise and bequeath all the rest, residue and remainder of my estate of whatever nature and wherever situate, including any property over which I hold power of appointment and together with any insurance policies thereon, to my son, S. SCOTT DECKER. SECOND: Should S. SCOTT DECKER predecease me, I devise and bequeath all the rest, residue and remainder of my estate of whatever nature and wherever situate, including any property over which I hold power of appointment and together with any insurance policies thereon, to my granddaughter, KELLI LEIGH DECKER. THIRD: Should my granddaughter, KELLI LEIGH DECKER, not have attained the age of twenty-two (22) years at the time for distribution to her, I give, devise and bequeath the share of KELLI LEIGH DECKER to my hereinafter named Trustee or Trustees, IN SEPARATE TRUST, to hold, manage, invest and reinvest the shares so received, and to use and apply from time to time such portion of income and principal for the said grandchild's education (including college, trade school or other similar training or education), as my Trustee or Trustees, in their sole discretion, deem advisable. The Trustee or Trustees, in exercising their discretionary authority with respect to the paYment of income or principal of the within Trust to my grandchild, shall take into consideration any income or other -) -"; ::"-1" u>( -, ,,~ ,. i '1 . '1 ,._..~ --..... <.......... \ }':". -.' -....... -- J. --~j /-~. resources available to my grandchild from sources outside this Trus t . Any income or principal not so applied shall be distributed to KELLI LEIGH DECKER when she attains the age of twenty-two (22) years. In the event KELLI LEIGH DECKER dies prior to the termi- nation of this Trust as established herein for her benefit, her interest in said Trust shall cease with any income and principal passing to her mother, ALISON MARTINA DECKER. FOURTH: In addition to all powers granted to them by law and by other provisions of this Will, I give the fiduciaries acting hereunder the following powers, applicable to all proper- ty, exercisable without court approval and effective until actual distribution of all property: (A) To sell at public or private sale, or to lease, for any period of time, any real or personal property and to give options for sales, exchanges or leases, for such prices and upon such terms (including credit, with or without security) or conditions as are deemed proper. This includes the power to give legally sufficient instruments for transfer of the property and to receive the proceeds of any disposition of it. (B) To partition, subdivide, or improve real estate and to enter into agreements concerning the partition, subdivi- sion, improvement, zoning or management of real estate and to impose or extinguish restrictions on real estate. (C) To compromise any claim or controversy and to abandon any property which is of little or no value. (D) To invest in all forms of property, including stocks, common trust funds and mortgage investment funds, without restriction to investments authorized for Pennsylvania fiduci- aries, as are deemed proper, without regard to any principle of diversification, risk or productivity. 2 ~~ ~) ~, '~ 1-:1 /f-:!. ,/ \ i .--.( " , i::,-., " ( F'::, i .--~) --j r.\~ I ../ .""~ L/.i (E) To exercise any option, right or privilege granted in insurance policies or in other investments. (F) To exercise any election or privilege given by the Federal and other tax laws, including, but not necessarily being limited to, personal income, gift and estate or inheritance tax laws. (G) To make distributions to my herein named benefici- aries in cash or in kind or partly in each. (H) To borrow money from themselves or others in order to pay debts, taxes, or estate or trust administration expenses, to protect or improve any property held under my will, and for investment purposes. (I) To select a mode of payment under any qualified retirement plan (pension plan, profit sharing plan, employee stock ownership plan, or any other type of qualified plan) to the extent the plan or the law permits them to do so, and to exercise any other rights which they may have under the plan, in whatever manner they consider advisable. FIFTH: I nominate and appoint my daughter-in-law, ALISON MARTINA DECKER, as Trustee of the hereinabove described trust. In the event of the death, resignation or inability to serve for any reason whatsoever of the said ALISON MARTINA DECKER, I nominate and appoint DONALD C. CORBIN and JOYCE L. CORBIN, of 57 Ridens Road, Lewistown, Pennsylvania, as Trustees of the hereinabove described trusts. I direct that my Trustee shall serve without bond and shall receive fair and reasonable compensation. SIXTH: I direct that all inheritance, estate, trans- fer, succession and death taxes, of any kind whatsoever, which may be payable by reason of my death, whether or not with respect to property passing under this Will, shall be paid out of the principal of my residuary estate. 3 SEVENTH: I nominate and appoint my son, S. SCOTT DECKER and JAMES D. BOGAR, Co-Executors of this, my Last will and Testament. I direct that my Co-Executors, Trustee or Trustees, and their successors, as the case may be, shall not be required to post security or a bond for the performance of their duties in any jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my Last Will and Testament, this t~~{ day of kC'1.Lw"'0 ,2003. ~ ~ err ~0 (SEAL) JOm T. D~CKER Signed, sealed, published and declared by the above- named Testatrix as and for her Last Will and Testament in our presence, who, at her request, in her presence and in the presence of each other, have hereunto subscribed our names as attesting witnesses. t v \ ~'~ ~~ ~ (' Address Address 4